Tianjin Keyvia Electric Co (SZSE:300407) Research & Development: ¥127 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SZSE:300407 Tianjin Keyvia Electric Co Ltd SZSE:300407
79 GF Score
Price ¥12.26
GF Value ¥12.31
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Tianjin Keyvia Electric Co Research & Development?

Tianjin Keyvia Electric Co SZSE:300407 +5.87% 79 Research & Development is ¥127 Mil as of Mar. 2026. GuruFocus rates SZSE:300407 with a GF Score™ of 79/100 and a GF Value™ of ¥12.31 (Fairly Valued). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tianjin Keyvia Electric Co's Research & Development for the three months ended in Mar. 2026 was ¥29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥127 Mil.

Tianjin Keyvia Electric Co  (SZSE:300407) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Tianjin Keyvia Electric Co Research & Development Related Terms

Tianjin Keyvia Electric Co Research & Development Historical Data

* Premium members only.

The historical data trend for Tianjin Keyvia Electric Co's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tianjin Keyvia Electric Co Research & Development Chart

Tianjin Keyvia Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.50 89.12 100.22 108.32 128.53

Tianjin Keyvia Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.53 27.79 30.73 39.48 28.60
SZSE:300407
79GF Score
Tianjin Keyvia Electric Co Ltd SZSE:300407
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Keyvia Electric Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥127 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ¥127 Mil mean?
Tianjin Keyvia Electric Co (SZSE:300407) has a Research & Development of ¥127 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Tianjin Keyvia Electric Co and its competitors.
Is Tianjin Keyvia Electric Co's Research & Development too high?
Tianjin Keyvia Electric Co's current Research & Development is ¥127 Mil. Overall, Tianjin Keyvia Electric Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Keyvia Electric Co's Research & Development compare to UNP and CSX?
Tianjin Keyvia Electric Co's Research & Development of ¥127 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Transportation company?
A good Research & Development depends on the Transportation industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Tianjin Keyvia Electric Co and its competitors. Tianjin Keyvia Electric Co's current Research & Development is ¥127 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Keyvia Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Keyvia Electric Co (SZSE:300407) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.31, compared to a current price of ¥12.26 — trading 0.4% below its estimated fair value. The current Research & Development is ¥127 Mil. Tianjin Keyvia Electric Co's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Tianjin Keyvia Electric Co (SZSE:300407), the current Research & Development is ¥127 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tianjin Keyvia Electric Co (SZSE:300407) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Keyvia Electric Co stock appears to be undervalued. The current stock price of ¥12.26 is trading 0.4% below its estimated GF Value™ of ¥12.31. GuruFocus considers Tianjin Keyvia Electric Co to be Fairly Valued.

Key valuation signals for SZSE:300407:

  • Research & Development: ¥127 Mil
  • GF Value™: ¥12.31 vs. price of ¥12.26 (0.4% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the SZSE:300407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tianjin Keyvia Electric Co Business Description

Address No. 8 Wuhua Road, Huayuan Industrial Zone, Tianjin New Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
79GF Score

Get the complete analysis for SZSE:300407

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.26
Price
¥12.31
GF Value